SHE:002977 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	446.21	516.86	491.74	295.96	393.86	457.5
Trading Asset Securities	-	-	-	-	-	40.18
Cash & Short-Term Investments	446.21	516.86	491.74	295.96	393.86	497.68
Cash Growth	7.52%	5.11%	66.15%	-24.86%	-20.86%	820.42%
Accounts Receivable	341.24	349.04	485.84	625.69	424.91	409.67
Other Receivables	23.02	24.5	34	37.68	28.19	30.07
Receivables	364.26	373.54	519.84	663.37	453.1	439.74
Inventory	75.58	106.67	114.74	87.52	175.36	73.28
Other Current Assets	2.78	4.12	1.01	0.56	3.91	0.09
Total Current Assets	888.82	1,001	1,127	1,047	1,026	1,011
Property, Plant & Equipment	181.88	186.19	215.52	219.52	132.19	56.04
Long-Term Investments	9.63	10.81	11.97	9.77	-	-
Other Intangible Assets	43.15	44.13	45.43	46.81	48.2	49.6
Long-Term Deferred Tax Assets	24.67	17.8	13.47	14.36	8.08	6.75
Long-Term Deferred Charges	-	-	-	-	0.11	0.65
Other Long-Term Assets	0.76	0.3	-	-	3.25	-
Total Assets	1,149	1,260	1,414	1,338	1,218	1,124
Accounts Payable	52.65	116.95	258.48	234.94	169.91	170.2
Accrued Expenses	8.16	9.65	10.91	10.28	10.76	9.48
Current Income Taxes Payable	1.09	0.37	-	5.05	1.16	6.24
Current Unearned Revenue	16.51	16.46	22.06	1.11	1.07	0.35
Other Current Liabilities	2.72	2.01	2.3	0.18	0.23	0.15
Total Current Liabilities	81.13	145.45	293.75	251.57	183.13	186.42
Long-Term Unearned Revenue	9.6	9.6	9.6	9.6	9.6	2
Long-Term Deferred Tax Liabilities	0.08	0.08	0.1	0.11	-	-
Other Long-Term Liabilities	11.3	11.3	11.3	11.3	11.3	11.3
Total Liabilities	102.11	166.43	314.75	272.58	204.03	199.72
Common Stock	120.12	120.12	120.12	100.1	71.5	71.5
Additional Paid-In Capital	570.83	570.83	570.22	586.61	615.21	615.21
Retained Earnings	355.85	403.03	408.62	378.59	327.3	237.4
Shareholders' Equity	1,047	1,094	1,099	1,065	1,014	924.11
Total Liabilities & Equity	1,149	1,260	1,414	1,338	1,218	1,124
Net Cash (Debt)	446.21	516.86	491.74	295.96	393.86	497.68
Net Cash Growth	7.52%	5.11%	66.15%	-24.86%	-20.86%	1158.34%
Net Cash Per Share	3.62	4.19	4.13	2.48	3.27	4.42
Filing Date Shares Outstanding	120.12	120.12	120.12	120.12	120.12	120.12
Total Common Shares Outstanding	120.12	120.12	120.12	120.12	120.12	120.12
Working Capital	807.69	855.74	833.57	795.84	843.09	824.37
Book Value Per Share	8.71	9.11	9.15	8.87	8.44	7.69
Tangible Book Value	1,004	1,050	1,054	1,018	965.81	874.51
Tangible Book Value Per Share	8.36	8.74	8.77	8.48	8.04	7.28
Buildings	-	189.73	208.74	208.74	-	-
Machinery	-	26.86	24.48	21.92	20.6	19.21
Construction In Progress	-	-	6.21	6.56	128.48	52.89

Source: S&P Global Market Intelligence. Standard template. Financial Sources.